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Tokyo

Nissan testing fuel cell SUV

Nissan testing fuel cell SUVTokyo  - Nissan has started extensive testing of a fuel-cell prototype SUV based on the Nissan X-Trail that it hopes to have ready for serial production in 2015, reports said.

Compared to a previous model, the latest X-Trail FCV generation power output has been boosted from 90 to 130 kW. At the same time, the fuel cell stack has been reduced in size from 90 to 68 litres, giving the engineers more flexibility in the packaging, the German auto-motor-sport magazine reported.

Toyota develops rear seat airbag

Toyota develops rear seat airbagTokyo  - Toyota has developed the first cen

Tankan survey finds deep business pessimism in Japan

Tankan survey finds deep business pessimism in Japan

Japan premier orders extra budget for new economic stimulus

Japan premier orders extra budget for new economic stimulus Tokyo - Japanese Prime Minister Taro Aso on Tuesday ordered the government to draw up a supplemental budget by mid-April to finance fresh economic measures.

The new stimulus package, to be implemented over several years, would fund "drastic steps to boost domestic demand and create jobs."

To finance the stimulus package, Aso indicated that he may issue deficit-covering bonds in addition to reserves in the special account for fiscal investment and lending, as well as construction bonds.

Tokyo stocks bounce back in early trading

Tokyo stocks bounce back in early trading Tokyo  - Tokyo stocks recovered Tuesday as buying was encouraged after the market lost more than 4 per cent the previous day.

The benchmark Nikkei 225 Stock Average inched up 72.75 points, or 0.88 per cent, to 8,308.83.

The broader Topix index of all first-section issues was also up 0.84 points, or 0.11 per cent, to 790.38.

On currency markets at 9 am (0000 GMT), the dollar traded at 97.37-42 yen, up from Monday's 5 pm quote of 96.16-19 yen.

Japan market down on profit-taking

Japan market down on profit-takingTokyo  - The Japanese market started the week lower Monday as investors sold shares to lock in profits from the previous week's gains.

The benchmark Nikkei 225 Stock Average dropped 151.91 points, or 1.76 per cent, to 8,475.06.

The broader Topix index of all first-section issues was also down 15.91 points, or 1.93 per cent, to 808.62.

On currency markets at 9 am (0000 GMT), the dollar traded at 98.05-10 yen, up from Friday's 5 pm quote of 97.88-91 yen.

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